Degree enrollments slowdown in the US, headwinds for Consumer and Business in Europe.

Learn to identify, recruit, and manage influencers as a marketer, recent graduate, or business owner with these six influencer marketing courses.

Get certified in Cybersecurity and learn the essentials of AI – all in one program.

Subscriber growth and revenue are accelerating even as revenue per user declines. Udemy built its empire on a simple idea: anyone could create a course, and anyone could buy one. That marketplace model made Udemy famous and made millionaires out of its top instructors. Now the company is deliberately killing it. In Q3 2025 earnings call, Udemy’s CFO admitted they are “intentionally reducing” single course sales to push users toward subscriptions. The logic is straightforward: Udemy keeps 82.5%